Friday, January 17, 2025

Blackstone Seeks $5 Billion-$10 Billion to Add to Saudi PIF Money

At least 70 percent of the pool will be invested in North America From Bloomberg Blackstone Group LP, the private equity giant with ambitions for the largest-ever infrastructure fund, is seeking as much as $10 billion to supplement a $20 billion anchor commitment for the pool before it starts investing, people with knowledge of the plans said. The firm is planning to

Oil & Gas 360 The U.S. energy sector, while not entering a downturn, is facing an extended period of lower oil prices, lower profits and tighter spending, ultimately leading to slower growth, fewer companies and fewer jobs

Oil Hits Nearly 3-Week High as Middle East Tensions Point to Possible Supply Interruptions

From MarketWatch Crude oil prices jumped to an almost three-week high on Monday, driven by increased tensions in the Middle East after Iraq pushed into the oil city of Kirkuk. November West Texas Intermediate crude CLX7, +0.93%  climbed by 61 cents, or 1.2%, to $52.06 a barrel on the New York Mercantile Exchange, setting it on track for its highest settlement price since

Sempra Expects to Ship LNG Cargoes from Cameron within Weeks - President Trump - Oil & Gas 360

Boom in American LNG Is Shaking Up the Energy World

From the New York Times HOUSTON — A shale gas drilling boom over the last decade has propelled the United States from energy importer to exporter, taking the country a giant leap toward the goal of energy independence declared by presidents for half a century. Now the upheaval of the domestic energy sector is going global. A swell of gas